BREAKING: Dangote raises petrol price to N1,175/litre
The Dangote Petroleum Refinery has raised its gantry price of Premium Motor Spirit (PMS) to ₦1,175 per litre, the third upward adjustment in seven days.
The refinery communicated the new ex-depot price to marketers and depot operators on Monday, up ₦180 from the ₦995 per litre announced on Friday, an 18.1 per cent increase in three days.
Dangote also revised the gantry price of Automotive Gas Oil (diesel) upward to ₦1,620 per litre.
The latest hike follows two earlier adjustments last week that pushed gantry prices from ₦774 to ₦995 per litre.
The rapid price movement has left consumers reeling.